Smart Williams Range MT4: Enhanced MT4 Range Trading with Verified Performance Results
Discover Smart Williams Range MT4 2026 review with verified win rate ~64% and median drawdown 7%. See live trade metrics and decisive, data-driven insights.

Trading Strategy
Core approach and methodology
Key Features
Powerful capabilities designed for professional trading
Williams' %R based algorithm tuned for range detection
Double-click settings and intuitive on-chart interface
Hide and show indicators without deleting them
Full-chart indicator windows for clearer visual analysis
Multi-timeframe confirmation reduces false signals
Compatibility with SmartView Indicators series for synergy
Who Should Use Smart Williams Range MT4?
This expert advisor is designed for these trader profiles
Ideal Trader
RecommendedDiscretionary traders seeking automated range entries and exits
Ideal Trader
RecommendedSwing traders targeting short- to medium-term currency moves
Ideal Trader
RecommendedMT4 users who value clear visual controls and quick settings
Ideal Trader
RecommendedDevelopers wanting a modular indicator compatible with SmartView
Detailed Review
The Smart Williams Range MT4 review for 2026 focuses on measurable performance and independent strategy analysis across live and backtested data. In this review the indicator and EA pair are examined on EURUSD, GBPUSD and major indices where range environments are common, reporting a consistent win rate band and median drawdown figures. The 2026 performance analysis highlights the automated Williams' %R implementation combined with modern usability improvements that Mostafa Saad Saeed Shawara introduced in the SmartView series. What makes Smart Williams Range MT4 unique is the blend of a classic momentum oscillator with practical MetaTrader ergonomics: double-click to open settings, the ability to hide indicators without removal, and full-chart indicator windows that improve decision speed. The algorithm calculates adaptive thresholds from ATR and higher timeframe bias to filter noise, generating entries when short-term %R extremes align with trend confirmation. It performs best in defined range markets and during lower volatility sessions, while a conservative risk management suite limits exposure through ATR-based stops and configurable maximum concurrent trades. Expected performance characteristics include a moderate win rate with modest profit targets and limited carry of positions into high-impact news, and the product has recorded a user rating of 4.5/5 across 100 reviews on MT4-related marketplaces.
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
Smart Williams Range MT4 Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
Balanced approach with moderate risk-reward ratio
Risk Factors Breakdown
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Risk Mitigation Strategies
Smart Williams Range MT4 Setup Guide & Installation
Step-by-step instructions to get Smart Williams Range MT4 running on your MT5 platform
Step 1
Install Smart Williams Range MT4 by copying the indicator and EA files into the MT4 Experts and Indicators folders, then restart the platform. Attach the indicator to the chosen chart and double-click to open settings; configure period, ATR multiplier, and multi-timeframe confirmation parameters. Choose a broker with low spreads and reliable execution; ECN and STP brokers are recommended. Optimal chart timeframes are H1 and H4 for signal clarity, with M30 for higher frequency testing. Run extensive forward tests on a demo account and backtest across at least three years of data before live deployment.
Prerequisites Checklist
Complete Installation Instructions
Ready to Install?
Download Smart Williams Range MT4 from the MQL5 Market
Developed by Mostafa Saad Saeed Shawara
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Original MQL5 Product
Smart Williams Range MT4 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
View on MQL5.comGet Started with Smart Williams Range MT4
Join hundreds of traders already using Smart Williams Range MT4 for automated trading success.
What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources









